Cost of living in Taylorville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Taylorville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Taylorville is 85, with 100 being the average.
The cost of living index in Taylorville is 0.8x lower than the national average.
Taylorville ranks as the #53 cheapest in Illinois out of 338.
Taylorville ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Taylorville is $90,300.
The median income in Taylorville is $43,197.
According to the most recent data on the cost of living, Taylorville has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Illinois, Taylorville has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Taylorville ranks as #53 most affordable out of the 338 places we measured in Illinois. By definition, that implies Taylorville ranks as the #285 most expensive place in the Prairie State.
For more reading on life in Taylorville, check out:
Six factors go into calculating the cost of living index in Taylorville. Here is how it fairs on each of the criteria:
The Services index in Taylorville is 103.
The Groceries index in Taylorville is 95.
The Health index in Taylorville is 105.
The Housing index in Taylorville is 50.
The Transportation index in Taylorville is 103.
The Utilities index in Taylorville is 90.
Living Expense | Taylorville | Illinois | National Average | |
---|---|---|---|---|
Overall | 85 | 92 | 100 | |
Services | 103 | 95 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 50 | 81 | 100 | |
Transportation | 103 | 105 | 100 | |
Utilities | 90 | 90 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Taylorville is $90,300.
The Median Rent in Taylorville is $714.
The Median Income in Taylorville is $43,197.
The Home Value To Income in Taylorville is 2.1x.
The Rent To Monthly Income in Taylorville is 0.2x.
Statistic | Taylorville | Illinois | United States |
---|---|---|---|
Median Home Value | $90,300 | $212,600 | $244,900 |
Median Rent | $714 | $1,097 | $1,163 |
Median Income | $43,197 | $72,563 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Item | Taylorville | Illinois |
---|---|---|
Shampoo | $0.89 | $1.06 |
Movie | $11.99 | $10.68 |
Bowling | $6.4 | $14.67 |
Haircut | $10.71 | $18.62 |
Beauty Salon | $32.39 | $39.05 |
Item | Taylorville | Illinois |
---|---|---|
Ground Beef | $3.69 | $4.22 |
Fried Chicken | $1.4 | $1.39 |
Milk | $1.72 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $12.73 | $10.62 |
Beer | $8.22 | $9.38 |
Toothpaste | $2.21 | $2.34 |
Item | Taylorville | Illinois |
---|---|---|
Optometrist | $74.0 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $89.33 | $99.13 |
Item | Taylorville | Illinois |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $48.87 | $50.07 |
Item | Taylorville | Illinois |
---|---|---|
All Electricity | $159.87 | $167.67 |
Phone | $23.34 | $175.64 |
The cost of living varies in the cities and towns around Taylorville. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, IL has a cost of living index of 93, 1.1x Taylorville.
Chatham, IL has a cost of living index of 102, 1.2x Taylorville.
Lincoln, IL has a cost of living index of 88, 1.0x Taylorville.
City | Population | Cost Of Living | Vs. Taylorville |
---|---|---|---|
Springfield, IL | 114,672 | 93 | 1.1x |
Chatham, IL | 14,245 | 102 | 1.2x |
Lincoln, IL | 13,217 | 88 | 1.0x |
Middletown, KY | 9,473 | 103 | 1.2x |
Clinton, IL | 7,016 | 80 | 0.9x |
Greenville, IL | 6,676 | 86 | 1.0x |
Mount Zion, IL | 6,092 | 87 | 1.0x |
Carlinville, IL | 5,719 | 84 | 1.0x |
Pana, IL | 5,304 | 76 | 0.9x |